The bank outlined details of the $1.4 billion in drawbacks planned for this year at its annual investor day conference on Tuesday. Moves, including bank branch closings, reaffirmed the stock's value at around $61 per share, where it closed on Tuesday, said trader Karen Finerman.

"I like it right here," said Finerman, who has a long stake in JPMorgan.

Karen Finerman is long BAC, C, GOOG, GOOGL, JPM, M and KORS. She is short DIA. Her firm is long AAPL, BAC, C, FBT, GOOG, GOOGL, IBB, JPM, M, KORS, SUNE, VRSN and XBI. Her firm is short IWM, SPY and USO. Karen Finerman is on the board of GrafTech International.

Guy Adami

Guy Adami is long CELG, EXAS and INTC. Guy Adami's wife, Linda Snow, works at Merck.